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#Market Trends

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Luxury Homes Exceed $1 Million in Nearly All Major U.S. Metro Areas

In all but seven of the largest U.S. metropolitan areas, luxury homes now command prices above $1 million, reflecting a sharp rise over the past decade.

By Jamal Robinson • July 24, 2025 3 MIN READ

Detroit remains one of the more affordable metropolitan areas for luxury homebuyers.

Eva Alt of the Hudson Advisory team at Compass represents high-end buyers and sellers in New York City and the Hamptons.

‘Prewar Eva’ Reveals Shifting Tastes in Hamptons Luxury Homes

Yü-Ge Wang of Christie’s conducting the sale of Marlene Dumas’s “Miss January,” which sold for $13.6 million including fees.

Spring Auction Season in New York Falls Short of Expectations Amid Market Uncertainty

Amazon reported its slowest sales growth since the height of the pandemic in its first-quarter financial results released Thursday.

Amazon Forecasts Decline in Operating Profits Amid Economic Challenges

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